Posted On: Feb 22, 2018
When a single token is spent a number of times as it consists of a digital file which can be cloned easily then it is called double spending. It is a depreciating situation which leads to the organisational level loss. The major purpose behind the security of this is to eradicate all such approach. The mechanism is such when any transaction is about to be done it is asked with multiple parties.
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Bitcoin permits and enables the information which is to be distributed among the users without being actually copied..